MSFT

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.023%

Price spread now: ApeX Omni against Nado−0.032%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$790.786% of the position

Long on Nado Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.128%+$13 on $10k

Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.032%, 7d avg −0.043%

Together, before fees+0.186%+ Points / potential airdropNado: Active · farm board+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MSFT-PERP	501.39	0.0002	pay 0.0000% / 1h	5m 01s	$414K	$64K	20x
Short	ApeX Omni MSFTUSDT	501.23	0.0100	get 0.0013% / 1h	5m 01s	$160K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee ApeX OmnibpOrdersPrice spread, now −0.032%Rate

Funding earned: $20.57
Price spread: −0.032% → −0.043%: $1.11
Slippage, 4 orders: −$61.64
Fee Nado: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$56.96
Costs to cover: 0.786%
Break-even: 26.4 days

Slippage from Nado: live order book, 18 min ago; ApeX Omni: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Nado live order book, 18 min ago	0.60 bp	9.9 bp −$10	22.8 bp −$228	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 16 min ago	18.97 bp	31.8 bp −$32	95.1 bp −$951	doesn't fit	doesn't fit

MSFT on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff MSFT-PERP	−0.0064%	1h	501.39	0.000%	$32K	$8K	20x	as long as short
Coinbase International MSFT-PERP-INTX	−0.0040%	1h	501.47	+0.016%	$690K	$433K	10x	as long as short
BloFin MSFT-USDT	−0.0021%	8h	501.86	+0.094%	$188K	$210K	20x	as long as short
Aster MSFTUSDT	0.0000%	8h	501.99	+0.119%	$161K	$116K	20x	as long as short
Extended MSFT_24_5-USD	0.0000%	1h	501.85	+0.091%	$372K	$369K	17x	as long as short
Binance MSFTUSDT	0.0000%	8h	501.90	+0.101%	$15.7M	$19.3M	20x	as long as short
Bybit MSFTUSDT	0.0000%	8h	501.76	+0.074%	$7.4M	$1.7M	100x	as long as short
OKX MSFT-USDT-SWAP	0.0000%	8h	501.78	+0.078%	$3.0M	$2.3M	20x	as long as short
Gate MSFT_USDT	0.0000%	8h	501.65	+0.052%	$3.1M	$1.5M	100x	as long as short
Bitget MSFTUSDT	0.0000%	8h	501.84	+0.090%	$3.8M	$2.2M	100x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MSFT	0.0000%	8h	501.88	+0.097%	$1.3M	$710K	—	as long as short
GRVT MSFT_USDT_Perp	0.0000%	8h	501.71	+0.064%	$19K	$328K	10x	as long as short
SunX MSFT-USDT	0.0000%	8h	502.64	+0.249%	$6K	$4.4M	20x	as long as short
Deribit MSFT_USDC-PERPETUAL	0.0000%	1h	501.51	+0.024%	$27K	$104K	10x	as long as short
HTX MSFT-USDT	0.0000%	8h	501.82	+0.086%	$59K	$230K	20x	as long as short
Phemex MSFTUSDT	0.0000%	8h	501.98	+0.118%	$2.2M	$768K	10x	as long as short
Nado MSFT-PERPlong	+0.0002%	1h	501.39	long leg	$414K	$64K	20x
Lighter MSFT	+0.0032%	1h	501.79	+0.080%	$1.1M	$654K	20x	as long as short
Lighter RH MSFT	+0.0032%	1h	501.66	+0.054%	$652K	$2.2M	20x	as long as short
Vest MSFT-USD-PERP	+0.0046%	1h	501.60	+0.042%	—	—	25x	as long as short
tradeXYZ xyz:MSFT	+0.0050%	1h	501.40	+0.002%	$22.2M	$10.0M	20x	as long as short
Polymarket Perps MSFT-USD	+0.0050%	1h	501.39	0.000%	$309K	$683K	10x	as long as short
SoDEX MSFT-USD	+0.0050%	1h	501.79	+0.080%	$60K	$3K	10x	as long as short
Ondo Perps MSFT-USD.P	+0.0050%	1h	501.32	−0.014%	$521K	$485K	15x	as long as short
QFEX MSFT-USD	+0.0050%	1h	501.78	+0.078%	$1.2M	$5.7M	10x	as long as short
Paradex MSFT-USD-PERP	+0.0051%	8h	501.68	+0.058%	$221	—	5x	as long as short
Phoenix MSFT	+0.0096%	1h	501.60	+0.042%	$10K	$15K	20x	as long as short
KuCoin MSFTUSDTM	+0.0100%	8h	501.20	−0.038%	$1.5M	$19K	20x	as long as short
ApeX Omni MSFTUSDTshort	+0.0100%	1h	501.23	−0.032%	$160K	$7K	50x
Orderly PERP_MSFT_USDC_mythos	+0.0100%	8h	501.77	+0.076%	$8K	—	10x	as long as short
Aevo MSFT-PERP	+0.0104%	1h	501.81	+0.084%	$55	—	10x	as long as short
Injective MSFT/USDC PERP	+0.0220%	1h	503.08	+0.337%	$115K	$45K	30x	as long as short
Arcus MSFT-USD	+0.0531%	1h	501.67	+0.056%	$109K	$90K	10x	as long as short
edgeX MSFTUSDC	+0.0657%	4h	501.84	+0.090%	$102K	$243K	10x	as long as short